NVIDIA To Resume China Chip Sales
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A Pivotal Decision for Nvidia Nvidia (NASDAQ:NVDA) announced it had secured U.S. government approval to resume sales of its H20 artificial intelligence (AI) chips to China, which could propel the chipmaker’s financial trajectory forward on its path to a potential $20 trillion market valuation.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.
Fareed speaks with Nvidia CEO Jensen Huang about the US-China competition to dominate artificial intelligence — and whether Washington’s strategy of denying Beijing access to key technologies has backfired.